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Assume the following information about the market and RoseApple's stock. RoseApple's beta = 0.50, the risk-free rate is 2%, the market risk premium is 10.0%.

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Assume the following information about the market and RoseApple's stock. RoseApple's beta = 0.50, the risk-free rate is 2%, the market risk premium is 10.0%. Using the SML, what is the expected return for RoseApple's stock? Please follow this format for your answer: if you obtained 43.20% you must enter in one of these 3 formats: 0.4320 or 0.432 or 43.2% ab

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